Tax and Superannuation Laws Amendment (2014 Measures No. 7) Act 2015 (21 of 2015)

Schedule 1   Excess non-concessional superannuation contributions tax reforms

Income Tax Assessment Act 1997

10   Paragraph 292-465(2)(b)

Repeal the paragraph, substitute:

(b) if you receive one or more *excess non-concessional contributions determinations for the *financial year - before the end of:

(i) the period of 60 days starting on the day you receive the most recent of those determinations; or

(ii) a longer period allowed by the Commissioner.